Telefonaktiebolaget LM Ericsson Stock Price, News & Analysis

mydealz, Germany's largest social shopping community, has partnered with Vonage, an Ericsson (NASDAQ: ERIC) subsidiary, to implement Rich Communication Services (RCS) for enhanced user messaging experiences. The integration enables mydealz to deliver real-time deal notifications with rich media content, including images and clickable buttons, directly to users' mobile messaging inboxes.

As the first in the region to incorporate RCS into its marketing strategy, mydealz will benefit from trusted message branding, improved reach, heightened engagement, and increased customer satisfaction. The partnership allows for more interactive, personalized communications and customized offers based on user preferences, positioning mydealz as a pioneer in Germany's digital marketplace.

Vonage, part of Ericsson (NASDAQ:ERIC), has achieved SOC 2 Type II compliance for its Network APIs, becoming one of the first network API providers to earn this certification. This rigorous security standard, developed by AICPA, validates Vonage's internal controls for data security, processing integrity, privacy, and confidentiality.

The certification comes at a critical time when the global average cost of data breaches reaches $4.88 million in 2024. According to S&P Global Market Intelligence research, organizations reported significant increases in fraudulent activity, with 44% experiencing payment fraud and 34% facing new account fraud.

Vonage Network APIs, built on CAMARA standards, offer capabilities including fraud prevention, enhanced customer engagement, workflow automation, scalable application development, and real-time analytics. The company maintains various compliance certifications including ISO 27001, PCI-DSS, SOC, HIPAA, HITECH, HITRUST, CSA STAR, and adheres to GDPR standards.

Vonage, part of Ericsson (NASDAQ:ERIC), has achieved SOC 2 Type II compliance for its Network APIs, becoming one of the first network API providers to earn this certification. This rigorous security standard, developed by AICPA, validates Vonage's internal controls for data security, processing integrity, privacy, and confidentiality.

The certification comes at a important time, with global data breach costs reaching $4.88 million in 2024. According to S&P Global Market Intelligence research, organizations reported significant increases in fraudulent activity, with 44% experiencing payment fraud and 34% facing new account fraud.

Vonage Network APIs, built on CAMARA standards, offer capabilities including fraud prevention, enhanced customer engagement, workflow automation, scalable application development, and real-time analytics. The SOC 2 Type II compliance ensures improved data security, anomaly detection, and rapid recovery systems for customers.

Ericsson (NASDAQ: ERIC) has announced the upcoming release of its Q4 2024 financial report, scheduled for January 24, 2025, at approximately 7:00 AM CET. The company will host a live video webcast at 9:00 AM CET, featuring President and CEO Börje Ekholm and CFO Lars Sandström, who will discuss the report and take questions from participants.

The complete financial report, including detailed tables in PDF format, will be accessible on Ericsson's website following the press release. The webcast will be available on-demand after the event for those unable to attend the live session. Participants can join through Ericsson's investor website and access dial-in information for questions.

Ericsson (NASDAQ: ERIC) and its telecom operator partners announce Anthony Bartolo as CEO of their new venture, named Aduna. The venture, launched in September 2024, aims to accelerate global adoption of common network APIs, enabling applications to work seamlessly across any network worldwide.

Bartolo brings over 30 years of tech industry experience, previously serving as COO at Vonage and Bandwidth. His track record includes transforming Avaya's business model, resulting in an 11-fold increase in annual recurring revenue, and holding executive positions at Tata Communications.

Aduna will focus on combining and selling network APIs globally through developer platforms, utilizing existing CAMARA APIs. The venture aims to empower developers to create innovative applications across multiple sectors. Bartolo will assume his CEO role on January 20, 2025, with the venture's closing expected later in the year, pending regulatory approvals.

Ericsson's November 2024 Mobility Report projects significant growth in 5G adoption and mobile network traffic through 2030. The report forecasts 6.3 billion global 5G subscriptions by 2030, with 60% being 5G Standalone (SA). Mobile network traffic is expected to grow almost 200% between 2024 and 2030, with 5G networks carrying 80% of total mobile data traffic by 2030. Fixed Wireless Access (FWA) continues expanding globally as the second-largest 5G use case, with 80% of projected 350 million FWA connections by 2030 expected over 5G. The report emphasizes how early-mover service providers are implementing value-based business models focused on differentiated connectivity rather than data volume.

Vonage's recent U.S. survey reveals growing consumer acceptance of AI in customer support, with 70% believing AI has improved self-service support and 60% noting more efficient brand interactions. The study shows consumers are most comfortable with AI through website chat (87%) and mobile apps (72%), while only 33% feel at ease with AI voice interactions.

While 91% of consumers expect transparency about AI usage, 54% say it doesn't negatively impact brand trust. Industry comfort levels vary significantly, with gaming (80%) and retail (75%) showing strong acceptance, while banking (25%) and healthcare (18%) face more skepticism. Notably, 85% still consider easy access to human agents very important.

Ericsson announces seven new 5G Advanced software products designed to enhance network performance and drive revenue growth for communications service providers (CSPs). The suite includes transformative technologies like AI-powered RAN, intent-driven networks, and Service-aware RAN. Key products include Real-time AI-powered automation, Outdoor Positioning, Mission Critical Services, RAN Differentiated Connectivity, Energy Efficiency Management, Premium Network Performance, and Device Battery Performance. These innovations will be commercially available between Q3 2024 and Q1 2025, compatible with Open RAN, Cloud RAN, and purpose-built RAN systems.

Ericsson (NASDAQ: ERIC) announced that Chief People Officer MajBritt Arfert will step down at the end of May 2025 after serving the company for over 38 years, including nearly eight years on the Executive Team. CEO Börje Ekholm praised Arfert's leadership in evolving Ericsson's culture and people strategy. The company will initiate a recruitment process to find her successor, with Arfert continuing in her role until her departure to ensure a smooth transition. Arfert expressed pride in her work transforming the company and confidence in Ericsson's position to expand into enterprise markets.